Insider BuyingInsider buying by co-founder Dustin Moskovitz, who purchased over $50 million in shares, likely contributed to the stock's strong performance.
Profitability And Margin ExpansionProfitability progress was impressive and ahead of expectations, supporting the accelerating margin expansion bull case.
Strategic DealsThe signing of a $100mn+ TCV three-year renewal deal, the largest subscription agreement in the company’s history, speaks to the strategic value of Asana.